Mental Health Platforms See Largest Increase in Consumer Spending ‘By a Long Shot’

Mental Health platforms are the fastest-growing type of marketplace company in the country.  That’s according to the fourth Andreessen Horowitz (a16z) “The Marketplace 100” report, a ranking of the tech companies facilitating commerce, often termed platform companies.  “The fastest growing category? Mental health, by a long shot,” the report reads. The report finds that mental […]

Behavioral Health Startups Foresight, Headspace, SonderMind, Eleanor Lay Off Staff

Additional reporting by Chris Larson A slew of behavioral health startups have laid off employees. These startups, many of which have raised tens of millions of dollars in the last year, include Foresight Mental Health, Headspace Health, SonderMind and Eleanor Health. This comes as venture-backed organizations on the whole continue to scale back in the […]

Behavioral health provider SonderMind Acquires Mental Health Wellbeing App Total Brain

Digital behavioral health company SonderMind has acquired mental health management app Total Brain for an undisclosed amount. The acquisition is expected to help SonderMind expand its services to offer personal-self care and mental health self-tracking tools. In turn, these data points can help therapists track clinical measurement-based outcomes and create personal care plans. Denver, Colorado-based […]

SonderMind Raises $150M to Expand Behavioral Health Matching Platform

SonderMind — a technology-enabled behavioral health matching company — has raised $150 million in Series C funding. The new financing brings the company’s total funding raised up to $183 million — and pushes its valuation north of $1 billion, according to Fierce Healthcare. New investors Drive Capital and Premji Invest co-led the round, with additional […]